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ELSS in demand on quest for tax saving

The last six months has seen a rise in inflow into equity linked savings schemes of mutual funds with investors putting in about Rs 1,316 crore in them.

Some disinvestment this: PSUs buy over half of SAIL offer, LIC tops list of investors

It is also learnt that State Bank of India and General Insurance Corporation invested around Rs 150 crore and Rs 50 crore respectively.

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Small investors drive big gains in markets

Cash turnover up 51%; most stay invested, not just trading.

Equity Mutual Funds back in favour among retail investors

Fund rush: Inflows in equity schemes have reached six-year highs in Q1.

Angel investors lapping up unsold inventory

Developers are seeking to liquidate holdings by selling finished units in bulk to private equity investors.

Subrata Roy not liable for refunding Rs 24,000 crore,Sahara tells SC

Ram Jethmalani said the redemptions have already been made by Sahara firms.

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Sensex surges to three-year high,Re gains 21 paise

The rupee on Tuesday bounced back 21 paise,its biggest gain in more than two weeks,to close at 61.31 against the dollar.

Markets steady as debt ceiling deadline looms

In Europe,Germany’s DAX closed flat at 8,723.81 while the CAC-40 in France rose 0.1 per cent to 4,222.96.

Gold price edges higher at Rs 29,960 on better retail buying

Silver regained marginally after uninterrupted 5 session slump due to stray industrial demand.

Top Microsoft investors want Bill Gates to go

Bill Gates sells about 80 million Microsoft shares a year under a pre-set plan.

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India set to raise $730 mn from NTPC stake sale

New Delhi, Feb 24 (ANI): India's sale of a five percent stake in top power producer NTPC Ltd. received bids for 80 percent more shares than were on offer for institutional investors on Tuesday, setting the government on course to raise about $730 million. Retail investors, for whom a fifth of the NTPC issue is reserved, can place bids on Wednesday, after which the final price and total proceeds will be ascertained. Unsubscribed shares from the retail portion will be allocated to the funds.

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